Table of Contents
Getting Started
What is Rainmaker?
Rainmaker is a Cryptocurrency & Stock fantasy gaming application. It is centred towards a single idea, to educate and bring Cryptocurrency & Stock market enthusiasts from around the globe and India, together on a single platform, to compete against each other in different forms of exciting and gripping contests. These contests are based on recent and live Cryptocurrency & Stock market events, based on informed and tested decision-making skills, which reward the users with the best portfolio management skills in a pre-stipulated budget. It also gives the users a standing chance to win exciting rewards daily, in a fun and engaging, gaming environment. The focus of this platform also transcends to those who are novice and amateur in the field, by offering them an avenue for training and development of skill and proficiency, to further test their development by participating in contests provided on the application.
Rainmaker works on skill based online fantasy gaming principles with respect to the user rewards taking reference based on factual information and historical data from live events, analysis and fluctuations happening in real time Cryptocurrency and Stock markets.
What is the eligibility to play the game?
Users aged 18 and above are allowed to play.
A user must have an active bank account/online wallet and a PAN card to withdraw any winnings to its accounts.
A user must have an active phone number and email address to register and play.
How to download the Rainmaker Application?
Rainmaker application is available on IOS App store and Android Play store. Simply search for “Rainmaker” and install the application on your device and start gaming.
IOS App store
Android Play store
I don’t know much about Crypto currency/Stock Market. Can I still play?
Absolutely!! You can gain knowledge as you play and it will help you understand the real-life cryptocurrency and Stock market in a better way.
Check the “Tutorial” option in the app to get started or Click here – http://43.205.240.108/how-to-play/ to get brief information on how to play.
How to play
How to play?
Please refer to the game rules under the ’How to Play’ section to understand the rules of entering a contest at http://43.205.240.108/how-to-play/
- A user will select the segment starting with only Cryptocurrency or Stocks.
- A user will select an existing (for returning users only) or create new team/portfolio by clicking on the desired contest from either the “Contests” section or the “My Contest” section under “Upcoming Contests”.
- A user can choose to play for “Free” or by paying a contest “Entry fee” After a user selects their desired free or paid game mode, they will be able to select their Cryptocurrencies or Stocks to build their winning portfolio
- Stocks Selection: Each Cryptocurrency or Stocks, irrespective of the circuit levels (link) can be chosen based on an analysis of either ‘Up’ or ‘Down’, representing whether the user’s analysis for a Stocks’s value is for it to move upwards or downwards.
- Once a user has selected his/her desired Stocks as per the contest regulations, they are eligible to enter free or paid entry contests as per the applicable segments (contests are of different types depending upon the time, segments and other variables) – the user enters the contest directly (before the entry deadline) if its free, or is prompted to pay the entry fees for the particular contest via various payment options like Debit card, Credit card, Net banking, Mobile wallets etc., to enter.
- During the entire timeline of the contest, as the prices of chosen Stocks change the portfolio value also changes in real time as per the conversion points table.
- Users can either keep their entries active for the entire duration of the contest or choose ‘Exit’ option to stop points accumulation in their entry at their desired time/portfolio value. The “Exit” option can be accessed under “My entered contests” in the “My Contests” tab by selecting the contest in which the Exit option is to be exercised. After selecting the desired contest, the user must now tap on the desired portfolio for the expanded view and where the “Exit” option can be exercised.
- Once the contest has ended, within 120 minutes the final winners and losers’ rankings are announced.
What are the types of contests offered on the application?
- 6 Cryptocurrencies Contest
- 6 Stocks Contest
- 9 Cryptocurrencies Contest, and
- 9 Stock Contest
What are the Selection rules for Cryptocurrency & Stock Categories?
Yes.
- For 6 Cryptocurrency contests: you can choose Cryptocurrency rom each available category: from highest market cap, 1-20 (1 crypto), 21-50 (2 Cryptocurrencies), and 51-100 (3 Cryptocurrencies).
- For 6 Stocks contests: you can choose Stocks from each available circuit level categories, contests are basis different indices or the equity market: up to 5% (1 Stock), up to 10% (2 Stocks), 10%+ (3 Stocks).
- For 9 Cryptocurrency contests: you can choose Cryptocurrency from each available category: from highest market cap, 1-20 (1 crypto), 21-50 (3 Cryptocurrencies), and 51-100 (5 Cryptocurrencies).
- For 9 Stocks contests: you can choose Stocks from available circuit levels categories contest basis indices or equity market: up to 5% (1 Stock), up to 10% (3 Stocks), 10%+ (5 Stocks).
Login and Registration
How do I register on Rainmaker?
How do I register using an Invite / referral code?
I did not receive the OTP while login. What is to be done?
You should receive the OTP (One Time Password) within two minutes of entering your mobile number. Kindly ensure that:
• You’ve entered the correct mobile number.
• Your mobile network is strong and not fluctuating.
• Your mobile number is not registered for DND.
In case you still do not receive the OTP, you might have to check this with your network service provider.
My Rainmaker account is suspended. How do I activate it?
For what period can I keep the entries active?
How do I understand a contest on Rainmaker?
Please refer to “How to play” option to understand the rules of the game.
Manage my profile
How do I change my bank account?
How do I check if my bank account is verified?
How do I contact Rainmaker?
Fair Play
What is Fair Play Violation?
A few examples of Fair Play Violation are:
- Creating multiple accounts
- Misusing the ‘Invite Friends’ program to get a Bonus Amount
- Withdrawing Bonus Amount using unlawful means
- Submitting incorrect details and fake documents
- Submitting someone else’s documents
How do I know that my opponents in a contest are genuine?
How many accounts can I create with the same Phone number or Email id on Rainmaker?
Is it safe to add my details & documents in the system.
Does any other Rainmaker user have any additional opportunity while creating a team?
How do I know if someone has not added/changed a team after the deadline is locked?
Are Rainmaker employees allowed to play cash contests?
Generic
What Is Blockchain?
What Is Ethereum?
What Is Bitcoin?
Are Cryptocurrencies Regulated?
“According to the World Economic Forum’s Global Future Council on Cryptocurrencies, there has been no internationally coordinated regulation of cryptocurrencies — through international bodies have been working on assessing risks and appropriate policy responses to the rise of cryptos.”
In India, however, a flat 30% tax is been applied on the transfer of virtual digital assets (VDAs) or crypto assets.
Can You Mine Crypto At Home?
What Is Bitcoin Cash?
What Is Tether?
Are Cryptocurrencies Different From Blockchain?
Yes, Blockchain is different from Cryptocurrency. Here are a few key differences:
- Blockchain is the technology that allows for the automatic recording of transactions and the storing of bitcoin data. While cryptocurrencies serve as a medium of exchange and for investing and trading to earn profits.
- Cryptocurrencies have a monetary value for which they are bought, sold, and traded, whereas blockchain has no monetary value.
- Blockchain is fundamentally decentralized, with data dispersed across databases all over the world rather than being held in a single location or data center. Cryptocurrencies, on the other hand, can be used to trade and exchange money from anywhere using mobile or desktop wallets.
What Are Good Crypto Trading Strategies?
Here is a list of the top Crypto Trading Strategies that traders employ and are quite successful:
- Scalping
- Reverse Trading
- Momentum Trading
- Buy the Dips & Hold
- Follow the Trend
- Fade Trading
- Range Trading
Can I Invest In Bitcoin With Low Amounts?
What are Stablecoins?
Joining Contests
Can I join in the middle of the contest?
How do I view a contest I have already joined?
How do I score points?
When are the scores or result declared?
For what period can I keep the entries active?
How do I understand a contest on Rainmaker?
Please refer to “How to play” option to understand the rules of the game.
Legality
What is a game of skill under Indian laws and is Rainmaker legal?
Rainmaker is a skill-based platform and is offered in accordance with Indian laws. There are no shortcuts or cheat codes for quick and easy money/winnings. Visit the Legal section to know more.
Bonus Point
What is a Bonus Amount?
How do I earn Bonus Amount?
Bonus Amount is a promotional bonus offered by the company and can be claimed under the offers and coupons section in the menu tab or by putting in the Bonus coupon code as available on our partner/referral websites.
We run a lot of promotions for you to earn more Bonus amounts. Do not miss checking out our application notifications for exciting offers and promotions.
We keep running a lot of promotions for you to earn more Cash Bonuses. Do not miss checking out our application notifications for exciting offers and promotions.
How is Bonus Amount utilised on Rainmaker?
You will be able to use only 10% of the total entry fees from Bonus Amount balance to enter any public contest on Rainmaker.
Example: Your Bonus Amount balance is Rs.100 and the entry fee to join the public contest is 200. Only Rs.20 (10% of 200) will be utilised from the Bonus Amount.
Please remember:
- Bonus Amount is used only to join public contests.
- You can use a Bonus Amount to join cash contests only if you have deposited cash or have eligible Balance in your Rainmaker account.
When will my Bonus Amount expire?
Your Bonus Amount is valid for 30 days from the date it is credited. The amount that is expiring earlier is used before so that you do not miss out on your Bonus Amount.
How do I earn cash referral rewards?
Referral Programme: Invite your friends to Rainmaker by sharing your invite code. When they register using your invite code, you and your friend both earn 10% of the first cash deposit made by your referral, as a Referral Cash Reward for each invite.
How is Referral cash reward utilised on Rainmaker?
You will be able to use 100% of the total entry fees from referral cash reward balance which is added directly to your cash wallet and can be used to enter any public and private contest on Rainmaker.
Example: Your cash wallet amount is Rs.100 and you receive Rs.10 as a referral cash reward, your total cash wallet will become Rs.110 and can be used to pay the entry fee to join a public or private contest.
When will my Referral cash reward expire?
Your referral cash reward is added to your cash wallet which can be used within 30 days of receipt.
Example: Your cash wallet amount is Rs.100 and you receive Rs.10 as a referral cash reward, your total cash wallet will become Rs.110 and can be used to pay the entry fee to join a public or private contest.
Cash Wallet
How do I add cash to my Rainmaker account?
- Wallet > Add cash > enter the amount and proceed.
- Select your preferred payment mode from UPI, credit card or debit card, linked wallets, and Net banking.
- Follow the instruction displayed and complete the transaction.
The amount should be added to your Rainmaker account within 60 minutes and can be checked in “My Transactions” section in the “Wallet” section.Please note: For any reason, if the amount is not added within 60 minutes, it will be auto refunded to the source account within 72 hours.
How do I manage PhonePe/Paytm wallets on Rainmaker?
My amount was not added to my Rainmaker account, when will I get my refund?
What type of cards can be used?
Is it safe to enter my card details on Rainmaker?
Can I link more than one Paytm account on Rainmaker?
How do I withdraw money from my cash wallet?
In case a customer does not want to play on rainmaker app anymore & wants to withdraw money from his cash wallet.
Customer needs to send his pan card with a mail to support@43.205.240.108 so that funds can be transferred to the customer from backend and his rainmaker account can be suspended.
Managing Portfolio
How to create a portfolio?
How do I edit my portfolio before entering the contest?
Can I edit my portfolio after the contest starts?
Can I save my portfolio for future contest?
Can I edit my saved portfolio before entering the contest?
Can I change my portfolio name?
My Balance
Where do I check my Rainmaker account balance?
You can check your account balance under “wallet option” in “Menu tab”. The account balance is available in 3 categories.
- Cash Wallet – Cash added by you to your Rainmaker account which is not yet used to join any cash contest. This also includes the referral cash rewards earned by you.
- Winning Wallet – Amount earned by you by joining and winning cash contests.
- Bonus Amount – Amount added to your Rainmaker account as a freebie which can be used to join more contests. Only up to 10% of the desired contest entry fee value can be used at one time.
Where do I check my transaction history on Rainmaker?
Can I transfer balance from one Rainmaker account to another?
How is my account balance utilised while joining contest?
Priority wise below:
For Public Contest
Bonus Amount
- (As per Bonus amount applicability)
- Winnings
- Cash+Referral Balance
- Cash Deposit (if required)
For private contests:
- Cash Wallet
- Winnings
- Cash Deposit (if required)
Responsible Play
Can I take a break from playing Cash Contests on Rainmaker?
What is Responsible Play?
- We notify users in case their accrued losses exceed ₹25,000 (applicable to Indian users only).
- We do not allow users below 18 years of age to play in the pay-to-play contests on Rainmaker.
- We do not allow our users to participate in more than 500 pay-to-play contests in a single day.
- You can exclude yourself from Playing on Rainmaker by logging out from the application from the Menu option.
Verify my account
How do I verify my PAN card?
Your withdrawals on Rainmaker involve a transfer of money, hence verifying your PAN card and bank account is mandatory.
To verify your PAN Card:
- Head to Wallet > KYC> Follow the instructions
- Enter your PAN card number, Name & Date of birth and enter the details as mentioned on your PAN Card.
- Upload a clear image of your PAN card and tap on ‘Submit’
Once the verification request is submitted, it takes a maximum of 3 working days to complete the verification.
Please note: Once verified, a PAN card can’t be used on any other Rainmaker account. It also cannot be unlinked from your Rainmaker account.
How do I verify my bank account?
You need a verified bank account on Rainmaker to be able to withdraw your winnings. You can verify your bank account only after verifying your PAN card.
To verify your bank account:
- Enter the bank account number that’s linked to your PAN card along with the IFSC code, Bank, Branch name and add your state
A few important points to keep in mind:
- It takes up to 3 working days to verify an account once you submit the details. You can check the status of your verification in the same tab.
- Once verified, you can’t use the same PAN and bank account details on any other Rainmaker account.
- You can’t verify NRE accounts, accounts from any Digital Payments Bank or any bank account from Assam, Andhra Pradesh, Odisha, Telangana, Tamil Nadu, Nagaland, Meghalaya, and Sikkim.
How do I change my PAN card after verifying it?
Why is my PAN verification getting rejected?
Your PAN card verification may be getting rejected due to the below reasons along with the solutions to resolve the issues:
Error Message: The PAN Card you’ve uploaded is already linked to another account.
Solution: A PAN Card can only be used on a single Rainmaker account. In case you have another account with PAN verified on it, please continue using that account.
Error Message: Your PAN verification was rejected because the image you uploaded was not a clear image of your full PAN Card.
Solution: It seems our system was unable to read your document. Please upload a clear image of your PAN Card.
ErrorMessage: The PAN document you have uploaded is password protected.
Solution: Since our systems will need access to your document, please upload a document that does not require a password to access.
ErrorMessage: The Date Of Birth you entered does not match with the Date Of Birth on your PAN Card.
Solution: Please correct the Date Of Birth mentioned on the form and resubmit your request.
Error Message: The PAN Card number you have entered does not match with the number on the uploaded PAN Card.
Solution: Please validate the PAN Card number entered and resubmit the request.
ErrorMessage: You’ve uploaded a company PAN Card.
Solution: To play on Rainmaker, you will need an individual PAN Card, please submit a PAN Card that has your name on it.
Error Message: The PAN Card details you have entered does not match with the details on your PAN Card.
Solution: You seem to have entered incorrect PAN Card details. Please validate the information and resubmit.
Why is my BANK verification getting rejected?
You can verify your bank details only AFTER you’ve successfully verified your PAN Card.
If your PAN Card has been verified, that has all the necessary details, you can then verify your bank account linked with your PAN card.
Below could be one of the reasons for your BANK rejection, along with the solution to resolve them:
Error Message: Name on the bank documents differs from the name on PAN Card.
Solution: Please ensure that the bank account entered is connected to the verified PAN Card.
Error Message: There is an issue with the IFSC code (incorrect/other branch) you have entered.
Solution: Please check your IFSC mentioned on the bank document and enter the correct IFSC to submit.
ErrorMessage: One or more of your bank account details (account number, IFSC Code, Name) are not visible in your submitted bank document.
Solution: Please check your name, account number or IFSC mentioned in the details and resubmit the request.
Error Message: You cannot withdraw your winnings to any payment bank such as Paytm, Airtel, etc.
Solution: Since digital cash wallets are not allowed on Rainmaker, you will have to update the document of a public or private sector, Grameen or Co-operative bank.
Is PAN and bank verification mandatory?
How long does it take for Rainmaker to verify my account?
Up to 3 working days from the date you’ve submitted your verification details. You can also check the status of the verification, in your profile.
Which bank details should I provide for verification?
Please ensure:
- Your bank account is linked to the PAN card verified on Rainmaker.
- The bank details you enter, has your name, bank account number, IFSC code, complete details of the bank and branch name.
Can I verify more than one Rainmaker account with same PAN Card and bank account?
Winnings
When will my winnings get added to my Rainmaker account?
How do I withdraw my winnings to my bank account?
You can withdraw money from your winning wallet. To withdraw your winnings, go to Wallet > Winnings > Withdraw button, enter the amount you wish to withdraw and proceed.
Please note:
- You should have a PAN verified Rainmaker account.
- You should also have a verified bank account or UPI id to which the withdrawal can be done.
- Your winning balance should be more than Rs.100.
Few important things to keep in mind while the withdrawal request is placed:
- You can place up to 3 withdrawals a day, not exceeding a total value of Rs.1 Crore.
- You can withdraw a minimum of Rs.100 and a maximum of Rs.1 Crore in one go.
- Withdrawal requests for more than Rs.1,00,000 will be processed the next day.
- IMPS withdrawals can take up to 3 workings days to get credited.
- NEFT/RTGS withdrawals can take up to 5 working days to get credited. The credit will reflect under the name of ‘First Stock Contest Private Limited’.
If other players rank the same as me, how much will I win?
The winnings will be equally split between all the players who tied up for that rank and the subsequent amount will be skipped.
For example, the winning amount for rank 1 is Rs. 1,000 and rank 2 is Rs. 500 and if two players tie for 1st rank, so the next rank will be rank 3. The winnings for 1st and 2nk ranks will be split equally between both the winners. In this case, both the players will win Rs.750 each.
How is the prize money distributed when the contest has multiple winners?
If there is a tie between two or more players, winning amount will be split equally and the subsequent amount will be skipped.
For example, if there are 4 members at rank 1, so the next rank will be rank 5. The total winning amount from rank 1, 2, 3, and 4 will be equally split between the rank holders and credited as their winning amount to all 4 members.
Rank | Winnings |
Rank 1 | 1000 |
Rank 2 | 800 |
Rank 3 | 600 |
Rank 4 | 400 |
Avg. | 700 |
Is there any tax deduction on winning?
31.2% TDS will be deducted from the winning amount, if the winnings are ₹10,000 or more in a single contest.
The remaining amount (Post tax deductions) will be credited to your Rainmaker account as your “winning”. Since TDS is already deducted from your winnings, NO additional tax is deducted when you place a withdrawal request. You will also get a TDS certificate ONLY if you’ve verified your PAN card on Rainmaker.
Our obligation in this regard is limited to deducting TDS as applicable and providing you an appropriate certificate of tax deduction (if PAN is updated). We neither advise you nor shall in any manner be responsible for your individual tax matters or any balance tax liabilities.
When will I get my TDS certificate?
Withdrawals
My withdrawal request is cancelled, what should I do now?
A withdrawal request is usually cancelled due to below reasons:
- There’s an issue with your verified bank account; or
- Due to a Fair Play Violation
A cancellation reason will also be mentioned against the cancelled transaction. If the cancellation reasons are incorrect IFSC, name mismatch or incorrect account number, please verify your bank account with the correct details and place a fresh withdrawal request.If the cancellation reason is ‘FairPlay Violation Detected’, we request you to follow the FairPlay rules to avoid such cancellation in future.
How do I withdraw my Bonus Amount?
I do not have a bank account; can I use someone else’s bank account on Rainmaker?
You can verify ONLY your own bank account.
Please note: If you do not have a bank account, your winnings will keep accumulating in your Rainmaker account which can still be used to join contests and win big!!
Do I have to pay taxes when I withdraw my winnings on Rainmaker?
Only when your net winning in a contest is more than 10,000 then 31.2% of tax will be deducted as per income tax rules.
The remaining amount (Post tax deductions) will be credited to your Rainmaker account as your winning. Since TDS is already deducted from your winnings, No additional tax is deducted when you place a withdrawal.
Is there any daily withdrawal limit?
Account Security
How can I make my Rainmaker account safe?
Tips to keep in mind while you play on Rainmaker:
- Do NOT share your OTP with anyone. No one working at Rainmaker will ever ask you for any OTP, so please do not share it with anyone.
- Do not share sensitive information (like mobile number, email ID, PAN, Bank account number etc.) with other players on the Rainmaker platform.
- Do not download unverified and unauthorised apps that you do not trust. We do not promote any of these apps and they could be created to gain access to your personal details and hack your account.
- Report any fraudulent activity immediately to us via the chat option. If you have shared any details to another person, please report any suspicious activity to us immediately so that we can act upon it.
Rainmaker
Matunga West, Mumbai -16
© 2022 First Stock Contest